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India Inverter Battery Market By Type (Renewable and Non-Renewable), By Application (Residential, Commercial, and Industrial), Competition Forecast & Opportunities, 2013 - 2023

India Inverter Battery Market By Type (Renewable and Non-Renewable), By Application (Residential, Commercial, and Industrial), Competition Forecast & Opportunities, 2013 - 2023

According to “India Inverter Battery Market By Type, By Application, Competition Forecast & Opportunities, 2013 - 2023” inverter battery market is forecast to surpass $ 1.86 billion by 2023. Anticipated growth in the market can be attributed to increasing electricity demand, rising urbanization, major government housing schemes such as AMRUT & PMAY coupled with Smart City initiatives, which have resulted in boosting demand for power backup solutions in the residential sector. Moreover, increasing government focus to improve electrification rate in India coupled with technological developments is further expected to positively influence India inverter battery market in the coming years. Few of the major players operating in India inverter battery market include Exide Industries Limited, Luminous Power Technologies Pvt. Ltd, Amara Raja Batteries Limited, HBL Power Systems Limited, Southern Batteries Private Limited, V–Guard Industries, Okaya Power Private Limited, Su-Kam Power Systems Limited, Base Corporation Limited, and Racily Udyog, among others. “India Inverter Battery Market By Type, By Application, Competition Forecast & Opportunities, 2013 - 2023” discusses the following aspects of inverter battery market in India:

  • Inverter Battery Market Size, Share & Forecast
  • Segmental Analysis – By Type (Renewable and Non-Renewable), By Application (Residential, Commercial, and Industrial)
  • Competitive Analysis
  • Changing Market Trends & Emerging Opportunities
Why You Should Buy This Report?
  • To gain an in-depth understanding of inverter battery market in India
  • To identify the on-going trends and anticipated growth in the next five years
  • To help industry consultants, inverter battery distributor, distributors and other stakeholders align their market-centric strategies
  • To obtain research-based business decisions and add weight to presentations and marketing material
  • To gain competitive knowledge of leading market players
  • To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs
Report Methodology

The information contained in this report is based upon both primary and secondary research. Primary research included interaction with inverter battery distributor, distributors and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

Please Note: Printing is not available on single-user licenses.


1. Product Overview
2. Research Methodology
3. Analyst View
4. Voice of Customer
4.1. Inverter Battery Brands in Use
4.2. Factors Considered Before Purchase
4.3. Brand Awareness: Unaided
4.4. Brand Awareness: Aided
4.5. Brand Satisfaction Level
5. India Inverter Battery Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.1.2. By Volume
5.2. Market Share & Forecast
5.2.1. By Type (Renewable and Non-Renewable)
5.2.2. By Application (Residential, Commercial, and Industrial)
5.2.3. By Region (North, South, East, and West)
5.2.4. By Company
5.3. Market Attractiveness Index
5.3.1. By Type (Renewable and Non-Renewable)
5.3.2. By Application (Residential, Commercial, and Industrial)
5.3.3. By Region (North, South, East, and West)
6. India Residential Inverter Battery Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.1.2. By Volume
6.2. Market Share & Forecast
6.2.1. By Type
6.2.2. By Region
6.2.3. By Company
7. India Commercial Inverter Battery Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.1.2. By Volume
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Region
7.2.3. By Company
8. India Industrial Inverter Battery Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.1.2. By Volume
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Region
8.2.3. By Company
9. Market Dynamics
9.1. Drivers
9.2. Challenges
10. Market Trends & Developments
11. Price Point Analysis
12. Policy & Regulatory Landscape
13. India Economic Profile
14. Competitive Landscape
14.1. Competitive Benchmarking
14.2. Company Profile
14.2.1. Exide Industries Limited
14.2.2. Luminous Power Technologies Pvt. Ltd.
14.2.3. Amara Raja Batteries Limited
14.2.4. HBL Power Systems Limited
14.2.5. Southern Batteries Private Limited
14.2.6. V-Guard Industries
14.2.7. Okaya Power Private Limited
14.2.8. Su-Kam Power Systems Limited
14.2.9. Base Corporation Limited
14.2.10. Racily Udyog
15. Strategic Recommendations
List Of Figures
Figure 1: India Inverter Battery Market Size, By Value (USD Million), By Volume (Thousand Units), 2013-2023F
Figure 2: India per Capita Energy Consumption, 2012-2017 (Mega Joule)
Figure 3: India Electricity Consumption Share, By Sector, 2017
Figure 4: Aggregate Technical & Commercial (AT&C) Losses in India, 2016-2020F
Figure 5: Transmission & Distribution Losses in India, 2011-2017
Figure 6: India Inverter Battery Market Share, By Type, By Value, 2013-2023F
Figure 7: India Solar Energy Cumulative Installed Capacity (GW), By Type, 2013-2018E
Figure 8: India Primary Energy Consumption, By Fuel, 2017 & 2023F
Figure 9: India Inverter Battery Market Share, By Application, By Value, 2013-2023F
Figure 10: India Inverter Battery Market Share, By Region, By Value, 2017 & 2023F
Figure 11: India Inverter Battery Market Share, By Region, By Value, 2013-2023F
Figure 12: India Installed Capacity of Electricity, By Region, As on 31st March 2017
Figure 13: India Inverter Battery Market Share, By Company, By Value, 2017 & 2023F
Figure 14: India Inverter Battery Market Attractiveness Index, By Type, By Value, 2018E-2023F
Figure 15: India Inverter Battery Market Attractiveness Index, By Application, By Value, 2018E-2023F
Figure 16: India Inverter Battery Market Attractiveness Index, By Region, By Value, 2018E-2023F
Figure 17: India Residential Inverter Battery Market Size, By Value (USD Million), By Volume (Thousand Units), 2013-2023F
Figure 18: India Inflation Rate, Average Consumer Prices, 2013-2020F (% Change)
Figure 19: Budget Allocation for Housing & Urban Affairs, FY2018-FY2019
Figure 20: India Residential Inverter Battery Market Share, By Type, By Value, 2013-2023F
Figure 21: India Residential Inverter Battery Market Share, By Region, By Value, 2017 & 2023F
Figure 22: India Residential Inverter Battery Market Share, By Region, By Value, 2013-2023F
Figure 23: India Residential Inverter Battery Market Share, By Company, By Value, 2017 & 2023F
Figure 24: India Commercial Inverter Battery Market Size, By Value (USD Million), By Volume (Thousand Units), 2013-2023F
Figure 25: India Gross Domestic Product, Constant Prices, 2013-2020F (% Change)
Figure 26: India Commercial Inverter Battery Market Share, By Type, By Value, 2013-2023F
Figure 27: India Commercial Inverter Battery Market Share, By Region, By Value, 2017 & 2023F
Figure 28: India Commercial Inverter Battery Market Share, By Region, By Value, 2013-2023F
Figure 29: India Commercial Inverter Battery Market Share, By Company, By Value, 2017 & 2023F
Figure 30: India Industrial Inverter Battery Market Size, By Value (USD Million), By Volume (Thousand Units), 2013-2023F
Figure 31: India Total Investments, 2013-2020F (% of GDP)
Figure 32: India Industrial Inverter Battery Market Share, By Type, By Value, 2013-2023F
Figure 33: India Industrial Inverter Battery Market Share, By Region, By Value, 2017 & 2023F
Figure 34: India Industrial Inverter Battery Market Share, By Region, By Value, 2013-2023F
Figure 35: India Industrial Inverter Battery Market Share, By Company, By Value, 2017 & 2023F
Figure 36: Price Point Analysis, 2013-2023F (USD/Unit)
List Of Tables
Table 1: India Solar Rooftop Targets Under National Solar Mission, By State & Capacity, 2016-2022F (MW)
Table 2: Discom-wise Average Power Cut Duration in India, March, 2017 & March, 2018
Table 3: State-wise Target & Achievement of AT&C Losses, By State, As of FY2017
Table 4: State-wise Target & Achievement of Domestic Connections, By State, As of FY2017 (Thousand)
Table 5: Anticipated All India Power Supply Position, 2018
Table 6: State-wise Average Power Cut Duration in India, March, 2017 & March, 2018
Table 7: Allocation of Funds, By Project, FY2017-FY2019 (USD Million)
Table 8: Prices of Inverter Battery in Delhi-NCR, By Company, As of January 2018

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